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Meme Coins Weekly Trading Volume Surged 3000%: New Record?

March 4, 2024
in Cryptocurrency
Reading Time: 4 mins read
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Meme Coins Weekly Trading Volume Surged 3000%: New Record?

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Numerous meme cash, together with Pepe Coin, Floki, and Bonk confirmed spectacular development over the past week, displaying a 500% improve in costs and a 3000% improve in weekly buying and selling quantity.

Meme Coin Trading Volume Analysis

The sentiment report has highlighted a mean of 3000% improve in buying and selling quantity seen in meme cash like Floki Inu, Shiba Inu, and BONK. It has occurred due to the bullish market state of affairs the place many meme cash have recorded their new all-time-high values.

Prime Meme Cash Concerned In This Surge

A whole lot of meme cash play a big position within the crypto market, and the record of hottest contains Dogecoin, Shiba Inu, Floki Inu, Pepe Coin, and many others. For this week’s buying and selling quantity, the next had been essentially the most noteworthy meme cash: –

PEPE Coin Worth Evaluation

Pepe Coin is at present buying and selling at $0.000007415 and has surged greater than 700% from its worth a month in the past when it was buying and selling at 0.0000009104. Meme coin PEPE has constantly surged for the reason that twenty sixth of February and has reached the ninth place on coinmarketcap for its buying and selling quantity.

Pepe Coin Price Analysis

It has already crossed the earlier all-time-high worth and has created a brand new report of $0.000007583 on 4 March 2024. Its buying and selling quantity is at $3,352,300,658 after a hike of 81%, and the market cap is at $3,097,225,742 after a hike of 41%.

BONK Worth Evaluation

BONK is at present buying and selling at $0.00003828 and has surged greater than 270% from its worth a month in the past when it was buying and selling at 0.00001003. It has constantly surged for the reason that twenty sixth of February and has reached the 14th place on coinmarketcap for its buying and selling quantity.

BONK Price Analysis

BONK has already crossed the earlier all-time-high worth and has created a brand new report of $0.00003966 on 4 March 2024. Its buying and selling quantity is at $1,413,255,385 after a hike of 140%, and the market cap is at $2,510,866,34 after a hike of 53%.

Floki Inu Worth Evaluation

FLOKI is at present buying and selling at $0.0001546 and has surged greater than 460% from its worth a month in the past when it was buying and selling at 0.00002762. It has constantly surged for the reason that twenty sixth of February and has reached the 18th place on coinmarketcap for its buying and selling quantity.

Floki Inu Price Analysis

It’s midway to its all-time-high worth of $0.0003437, which occurred three years in the past on 4 November 2021. Its buying and selling quantity is at $1,413,255,385 after somewhat dip of 26%, and the market cap is at $1,508,609,147 after a hike of 6.5%.

DogeCoin Worth Evaluation

Whereas speaking about different meme cash, essentially the most well-known Dogecoin additionally made progress in its charts. DOGE is at present buying and selling at $0.169 and has surged greater than 113% from its worth a month in the past when it was buying and selling at 0.07903. It has constantly surged for the reason that twenty sixth of February and has reached the sixth place on coinmarketcap for its buying and selling quantity.

Dogecoin Price Analysis

DOGE is 77% away from its all-time-high worth of $0.7376, which occurred three years in the past on 8 Might 2021. Its buying and selling quantity is at $5,360,618,573 after a hike of 85%, and the market cap is at $24,395,758,458 after a hike of 21.7%.

Conclusion

Numerous meme cash have performed a task in pushing the weekly buying and selling quantity to 3000%, together with the Floki Inu, BONK, Pepe Coin, and many others. What’s extra thrilling is that every one these meme cash began surging nearly across the similar time and continued that surge even after days. It has to see the place these meme cash will transfer ahead and what the charts will appear to be. Learn extra about ought to meme cash be a part of your funding portfolio in 2024.

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Ezra Icy, the artistic wizard from Phoenix, Arizona, focuses on crafting magnetic content material for Web3 manufacturers. Within the digital realm, he would not simply join customers; he orchestrates a symphony of group and human bonds. Join with Ezra in reworking pixels into unforgettable moments and turning the digital panorama right into a heat, welcoming oasis of connection solely at [email protected]

The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.

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